$241,500

1621 6th Avenue, Marion, IA 52302

Commercial Property
Built in ——
1.12acre lot
—— car garage
$——/sqft
Listed 5 months ago

Property Description

1.12-acre development site located along 6th Avenue in Uptown Marion, zoned UTR-2 (Urban Transition Residential 2). Concept plans illustrate a 20-unit executive-level multifamily project featuring 2-bed/2-bath units with attached garages. Additional units may be feasible depending on final site configuration. Contact listing agent for details. Market analysis estimates housing demand from 2022-2030 as follows: • Market Rate Rentals Needed: 595 units; • Shallow - Subsidy: 306 units; • Deep - Subsidy: 48 units.

Listing Status:: Active
Date Added:: May 15, 2025 at 05:00AM
Listing Office:: GLD COMMERCIAL : 319-731-3400
Listing Agent:: Angie Glick : 319-731-3400
MLS ID:: 2503532

Road/Access: Paved
Originating MLS: CDR
County: Linn

Zoning: THE JUNCTION LOFTS 1ST Lot 115062-21007-00000

Utilities: Electricity AvailableNatural Gas Available
Water: Public
Sewer: Public Sewer

Source: CDR

This listing courtesy of Angie Glick, GLD COMMERCIAL

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Vernon Middle School

1350 4th Ave, Marion, IA, 52302

Grades 5-8

0.17 miles away

Vernon Middle School

1350 4th Ave, Marion, IA, 52302

Grades 5-8

0.17 miles away

Marion High School

675 S 15th St, Marion, IA, 52302

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.